Word: grossness
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Dates: during 1940-1949
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...recession? About two-thirds of management thought that by the end of 1947 there would be a mild general decline-between 5 and 15% in the Federal Reserve Index of Industrial Production. Yet, paradoxically, a majority of executives in manufacturing, transportation, utilities and construction expected their own gross sales to be at least as high as in the booming first half of the year. A majority also expected a 5-to-15% drop in the cost of living, but only a minority expected to reduce their own prices...
Like the hero of a soap opera, Lever Brothers' Charles Luckman this week embarked on a new adventure. Lever went into the cosmetic business: it bought Manhattan's Harriet Hubbard Ayer, Inc. For one of the biggest U.S. cosmetic companies, with gross sales of $6 million to $8 million a year, the price was low-only $5,500,000 for the stock and working capital of Ayer...
When the Treasury-Post Office appropriation bill reached his desk, he angrily pounced on a slash of $20 million for the Bureau of Internal Revenue, which would cut deeply into the staff of enforcement officers. The "fallacy" of such shortsighted penny-pinching and the "gross inadequacy" of the bill, said the President, would be painfully evident in the annual loss of $400 million in unpaid taxes. He thought the "vast majority" of U.S. taxpayers were honest, but he also implied that a chiseling minority could now succeed in evading the law. But, like the rent bill, he indicated...
People had accused the Townsendites of attacking property rights, banks and big business, said the Doctor. He explained that The Plan only called for a better distribution of the good things of U.S. life. All that was necessary was to levy a 3% tax on the nation's gross income, divide the revenue among old folks, make them spend it within 30 days, and stand aside for prosperity's rush...
...Floyd D. Cerf Co., with net worth of only $87,352, stands to gross about $2,800,000 through the sale of Tucker stock...